Belden Inc

Belden Inc

BDC · NYSE · Technology / Communication Equipment

101.88USD-0.33 (-0.32%)

Price History

Full chart

Market Stats

Previous Close102.21
Open102.50
Day Range99.53 – 102.50
52-Week Range97.96 – 159.78
Volume242.00K
Market Cap4.39B
P/E (TTM)18.25
Forward P/E14.88
EPS6.16
Dividend Yield0.18%
Beta1.09
50-Day Avg117.78
200-Day Avg119.61

About

Belden Inc. provides connection solutions to bring data infrastructure into alignment to unlock new possibilities for its customers. The company provides copper cable and connectivity solutions, fiber cable and connectivity solutions, interconnect panels, racks and enclosures, and signal extension and matrix switching systems for use in local area networks, data centers, access control, 5G, fiber to the home, and building automation applications. It also provides power, cooling, and airflow management products for mission-critical data center operations; and end-to-end fiber and copper network systems. It also serves commercial real estate, education, financial institutions, stadiums and venues, military installations, and broadband and wireless service providers, as well as data centers, government, healthcare, and hospitality sectors. In addition, the company offers network digitization and automation solutions; and products and solutions covering various aspects of data handling, including acquisition, transmission, orchestration, and management for applications in discrete automation, process automation, energy, and mass transit. It sells its products to distributors, end-users, installers, and original equipment manufacturers (OEMs). It operates in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. The company was formerly known as Belden CDT Inc. and changed its name to Belden Inc. in May 2007. Belden Inc. was founded in 1902 and is headquartered in Saint Louis, Missouri.

Company Details

  • SectorTechnology
  • IndustryCommunication Equipment
  • CEODr. Ashish Chand
  • Employees8.00K
  • Headquarters1 North Brentwood Boulevard, Saint Louis, MO, United States, 63105, USA
  • Websitehttps://www.belden.com

Leadership

  • Dr. Ashish ChandPresident, CEO & Director · b. 1975
  • Mr. Jeremy E. ParksExecutive VP & CFO · b. 1976
  • Mr. Brian Edward Anderson J.D.Executive VP and Chief Legal & Risk Officer · b. 1975
  • Mr. Hiran BhadraExecutive VP & Chief Innovation Officer · b. 1974
  • Mr. Brian LieserExecutive VP & Chief Commercial Officer · b. 1966
  • Mr. Brad DineleyExecutive VP and Chief Digital & Operations Officer · b. 1973
  • Mr. Douglas R. ZinkVP & Chief Accounting Officer · b. 1976
  • Mr. Aaron Reddington C.F.A.Vice President of Investor Relations
  • Ms. Leah TateExecutive VP and Chief People & Strategy Officer · b. 1977
  • Mr. Bartolomeo A. GiordanoSenior VP & GM of Ruckus and Integration Leader · b. 1977

Financials

Income Statement

Currency: USD1993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue126.70M145.40M188.90M357.40M517.00M651.70M684.00M797.82M763.23M553.75M484.66M864.73M1.25B1.50B2.03B2.01B1.36B1.54B1.88B1.84B2.07B2.31B2.31B2.36B2.09B2.17B2.13B1.75B2.30B2.61B2.51B2.46B2.72B
Growth (%)-+14.76%+29.92%+89.20%+44.66%+26.05%+4.96%+16.64%-4.34%-27.45%-12.48%+78.42%+44.05%+20.08%+35.90%-1.33%-32.10%+13.32%+21.95%-2.20%+12.41%+11.55%+0.04%+2.05%-11.44%+3.76%-1.59%-17.79%+31.34%+13.26%-3.62%-2.03%+10.33%
Cost of Revenue80.80M93.00M122.00M239.50M350.30M443.70M460.60M542.53M548.41M415.11M370.71M674.76M968.30M1.16B1.47B1.44B974.33M1.10B1.34B1.27B1.36B1.49B1.39B1.38B1.28B1.34B1.34B1.18B1.53B1.69B1.56B1.54B1.74B
Gross Profit45.90M52.40M66.90M117.90M166.70M208.00M223.40M255.29M214.81M138.65M113.95M189.97M277.37M333.31M561.37M563.68M387.69M446.84M541.52M566.60M704.43M819.45M918.17M981.32M802.32M829.91M793.50M575.62M771.84M916.29M954.97M922.22M978.24M
Gross Margin36.23%36.04%35.42%32.99%32.24%31.92%32.66%32.00%28.15%25.04%23.51%21.97%22.27%22.28%27.62%28.10%28.46%28.95%28.77%30.78%34.04%35.50%39.76%41.64%38.44%38.32%37.23%32.85%33.54%35.15%38.01%37.47%36.03%
Operating Expense26.40M30.60M37.40M69.60M104.20M128.40M137.90M152.14M159.53M123.03M109.60M153.53M208.84M214.84M340.63M905.87M351.31M330.20M376.31M458.10M503.17M656.33M777.62M749.24M568.68M515.90M586.30M425.51M508.17M552.96M637.45M655.76M646.54M
Operating Income19.50M21.80M29.50M48.30M62.50M79.60M85.50M103.16M55.28M15.62M4.36M36.43M68.54M118.48M220.74M-342.19M36.37M116.64M165.21M108.50M201.26M163.12M140.55M232.08M233.64M314.01M207.21M150.11M263.68M363.33M317.52M266.46M331.70M
Operating Margin15.39%14.99%15.62%13.51%12.09%12.21%12.50%12.93%7.24%2.82%0.90%4.21%5.50%7.92%10.86%-17.06%2.67%7.56%8.78%5.89%9.73%7.07%6.09%9.85%11.19%14.50%9.72%8.57%11.46%13.94%12.64%10.83%12.22%
EBITDA22.60M25.20M33.30M54.30M72.60M93.60M104.30M124.60M77.83M45.61M36.90M67.15M109.01M157.09M280.82M-273.73M91.73M174.57M216.39M116.44M294.10M265.28M290.89M367.10M330.29M439.55M347.48M258.41M377.46M449.69M418.83M381.99M442.67M
EBITDA Margin17.84%17.33%17.63%15.19%14.04%14.36%15.25%15.62%10.20%8.24%7.61%7.77%8.75%10.50%13.81%-13.65%6.73%11.31%11.50%6.33%14.21%11.49%12.60%15.58%15.82%20.30%16.30%14.75%16.40%17.25%16.67%15.52%16.30%
Net Income6.00M6.10M14.70M15.30M36.00M40.50M39.60M54.92M23.46M3.59M-71.57M15.19M47.56M65.94M137.12M-361.83M-24.90M108.46M114.34M194.49M103.31M74.45M66.20M128.00M93.21M160.89M-377.01M-55.16M63.92M254.66M242.76M198.43M237.52M
Net Income Margin4.74%4.20%7.78%4.28%6.96%6.21%5.79%6.88%3.07%0.65%-14.77%1.76%3.82%4.41%6.75%-18.04%-1.83%7.03%6.08%10.57%4.99%3.23%2.87%5.43%4.47%7.43%-17.69%-3.15%2.78%9.77%9.66%8.06%8.75%
R&D----7.20M7.90M5.50M4.63M5.21M4.99M4.02M8.50M9.60M10.10M17.84M50.09M40.44M41.73M54.75M65.41M83.28M113.91M148.31M140.52M88.75M91.55M94.36M73.02M90.23M104.35M116.43M112.36M128.41M
R&D as % of Total Revenue----1.39%1.21%0.80%0.58%0.68%0.90%0.83%0.98%0.77%0.68%0.88%2.50%2.97%2.70%2.91%3.55%4.02%4.94%6.42%5.96%4.25%4.23%4.43%4.17%3.92%4.00%4.63%4.57%4.73%
Interest Expense0000000000000027.52M37.91M41.96M49.82M48.12M52.04M72.60M81.57M100.61M95.05M82.65M60.84M55.81M58.90M62.69M43.55M33.63M38.30M46.35M
Interest Expense % of Total Revenue0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%1.35%1.89%3.08%3.23%2.56%2.83%3.51%3.53%4.36%4.03%3.96%2.81%2.62%3.36%2.72%1.67%1.34%1.56%1.71%

Balance Sheet

Currency: USD1993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets83.70M102.70M117.00M320.10M429.50M503.60M595.10M615.35M584.40M585.79M492.95M1.40B1.29B1.36B2.07B1.65B1.62B1.70B1.79B2.58B2.76B3.26B3.32B3.81B3.83B3.78B3.41B3.14B3.42B3.16B3.24B3.33B3.54B
Total Liabilities100.00M86.50M85.10M154.60M224.40M258.70M340.50M295.19M240.42M224.32M210.05M576.20M564.65M512.07M996.19M1.08B1.07B1.06B1.09B1.77B1.92B2.46B2.49B2.35B2.40B2.39B2.44B2.38B2.46B2.02B2.07B2.03B2.28B
Total Equity-16.30M16.20M31.90M165.50M205.10M244.90M252.10M316.54M340.93M356.90M275.88M810.00M713.51M843.90M1.07B570.87M551.05M638.51M694.55M811.86M836.54M807.19M824.10M1.46B1.43B1.39B959.85M750.58M955.29M1.14B1.17B1.29B1.26B
Cash300.00K2.20M2.20M16.10M9.00M11.10M11.40M16.45M14.63M16.75M32.70M188.80M134.64M254.15M159.96M227.41M308.88M358.65M382.72M395.10M613.30M741.16M216.75M848.12M561.11M420.61M407.48M501.99M641.56M687.68M597.04M370.30M389.89M
Total Debt83.70M69.20M61.50M80.60M136.90M155.80M218.60M162.80M129.67M111.90M114.69M248.53M231.05M172.00M460.00M590.00M590.21M551.15M550.93M1.15B1.37B1.77B1.75B1.85B1.57B1.46B1.51B1.63B1.54B1.24B1.30B1.25B1.40B
Net Debt83.40M67.00M59.30M64.50M127.90M144.70M207.20M146.35M115.04M95.14M81.99M59.73M96.41M-82.15M300.04M362.59M281.33M192.50M168.21M756.11M753.73M1.03B1.54B772.04M999.64M1.04B1.10B1.13B896.91M549.58M701.05M880.93M1.01B

Cash Flow

Currency: USD1993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow5.30M5.30M14.90M4.70M30.90M43.60M54.80M75.69M57.73M61.88M38.44M40.96M49.15M141.16M205.56M173.87M151.81M111.55M184.56M139.39M164.60M194.03M236.41M314.79M255.30M289.22M276.89M173.36M272.06M281.30M319.64M352.08M354.86M
Investing Cash Flow-3.00M-5.40M-8.90M-120.60M-99.10M-68.30M-74.40M-30.36M-36.76M-41.76M5.23M66.92M27.75M-1.47M-590.22M-160.05M-59.05M-8.35M-99.36M-591.94M-43.28M-392.35M-746.25M-73.26M-230.12M-140.68M-184.37M-31.64M-92.00M168.41M-200.36M-426.75M-128.24M
Financing Cash Flow-2.40M2.10M-6.00M129.80M61.30M26.80M19.90M-39.63M-22.29M-20.37M-28.50M-69.58M-129.12M-22.67M277.11M60.12M-22.05M-48.41M-56.32M464.76M92.76M337.22M-6.02M401.70M-331.45M-281.77M-86.95M-74.91M-32.93M-393.21M-211.93M-143.72M-217.77M
Capital Expenditure2.50M4.00M5.70M15.90M26.70M68.30M74.40M22.03M38.08M12.56M6.66M15.89M23.79M21.66M63.50M53.56M40.38M28.19M40.05M41.01M40.21M45.46M54.97M53.97M64.26M97.85M110.00M90.22M94.63M105.09M116.73M129.10M136.17M
Free Cash Flow2.80M1.30M9.20M-11.20M4.20M-24.70M-19.60M53.66M19.64M49.32M31.79M25.07M25.36M119.49M142.06M120.31M111.43M83.36M144.51M98.38M124.39M148.57M181.44M260.82M191.04M191.37M166.89M83.15M177.42M176.20M202.91M222.98M218.69M
Dividends Paid-------4.88M4.89M4.88M5.10M7.29M9.12M8.74M9.03M8.93M9.37M9.41M9.41M11.44M6.68M8.70M8.39M16.08M43.38M43.17M34.44M9.03M9.06M8.95M8.50M8.20M7.97M
FCF to OCF52.83%24.53%61.74%-238.30%13.59%-56.65%-35.77%70.90%34.03%79.70%82.69%61.21%51.60%84.65%69.11%69.20%73.40%74.73%78.30%70.58%75.57%76.57%76.75%82.85%74.83%66.17%60.27%47.96%65.22%62.64%63.48%63.33%61.63%
Dividend Paid to FCF-------9.09%24.92%9.89%16.04%29.08%35.95%7.31%6.35%7.42%8.41%11.29%6.51%11.63%5.37%5.86%4.63%6.16%22.71%22.56%20.64%10.86%5.10%5.08%4.19%3.68%3.64%

Earnings

Report DateMay 21, 1995Sep 19, 1995Nov 20, 1995Feb 13, 1996May 21, 1996Sep 11, 1996Nov 18, 1996Feb 26, 1997May 28, 1997Sep 9, 1997Nov 20, 1997Feb 24, 1998May 27, 1998Sep 14, 1998Dec 1, 1998Mar 2, 1999May 27, 1999Sep 22, 1999Nov 30, 1999Feb 24, 2000May 24, 2000Sep 20, 2000Nov 29, 2000Feb 27, 2001May 23, 2001Sep 30, 2001Dec 5, 2001Feb 28, 2002May 29, 2002Sep 26, 2002Dec 3, 2002Feb 27, 2003May 28, 2003Dec 8, 2003Mar 8, 2004Jun 9, 2004Nov 8, 2004Feb 24, 2005Apr 28, 2005Jul 28, 2005Nov 8, 2005Feb 9, 2006Apr 27, 2006Jul 27, 2006Oct 26, 2006Feb 8, 2007Apr 26, 2007Jul 25, 2007Oct 25, 2007Feb 7, 2008Apr 24, 2008Jul 24, 2008Oct 23, 2008Feb 5, 2009Apr 29, 2009Jul 29, 2009Oct 28, 2009Feb 4, 2010Apr 29, 2010Jul 29, 2010Oct 28, 2010Feb 3, 2011Apr 27, 2011Jul 28, 2011Oct 27, 2011Feb 9, 2012May 10, 2012Aug 9, 2012Nov 8, 2012Feb 7, 2013May 2, 2013Aug 8, 2013Oct 30, 2013Feb 6, 2014May 1, 2014Jul 30, 2014Oct 29, 2014Feb 5, 2015Apr 30, 2015Jul 29, 2015Oct 28, 2015Feb 9, 2016May 4, 2016Jul 19, 2016Nov 2, 2016Feb 2, 2017May 3, 2017Aug 2, 2017Nov 1, 2017Feb 1, 2018May 2, 2018Aug 1, 2018Oct 31, 2018Feb 20, 2019May 1, 2019Jul 31, 2019Oct 30, 2019Feb 4, 2020Apr 29, 2020Jul 29, 2020Oct 28, 2020Feb 10, 2021May 5, 2021Aug 4, 2021Nov 3, 2021Feb 9, 2022May 4, 2022Aug 3, 2022Nov 2, 2022Feb 8, 2023May 3, 2023Aug 3, 2023Nov 2, 2023Feb 8, 2024May 2, 2024Aug 1, 2024Oct 31, 2024Feb 6, 2025May 1, 2025Jul 31, 2025Oct 30, 2025Feb 12, 2026Apr 30, 2026Jul 30, 2026Oct 29, 2026
EPS Estimate0.180.210.240.240.310.330.360.380.390.440.460.430.480.540.500.440.360.530.560.470.540.690.700.590.400.190.130.090.120.190.130.050.140.150.030.120.190.290.240.280.350.390.280.450.520.490.430.710.820.830.720.900.810.130.100.290.230.310.250.380.410.440.450.600.580.530.510.740.710.670.800.940.890.900.791.021.111.210.981.191.101.480.961.261.271.400.881.241.411.761.121.461.711.630.901.381.411.070.650.270.610.810.650.931.181.261.101.411.571.661.541.771.761.131.071.371.611.691.491.761.921.951.702.042.30
EPS Actual0.200.250.300.280.330.360.360.350.400.460.490.430.490.530.550.410.430.630.600.480.620.780.720.600.300.240.16-0.240.180.100.060.040.100.140.040.160.290.390.200.290.370.310.360.510.540.460.490.790.770.830.670.970.780.260.160.340.270.390.290.500.430.550.460.720.650.610.520.950.770.780.840.990.950.910.801.051.151.241.001.211.141.631.011.541.291.420.921.291.491.621.161.521.721.660.991.391.371.200.670.460.720.900.941.211.311.321.311.601.771.751.681.911.781.461.241.511.701.921.601.891.972.081.772.34-
Surprise11.11%19.05%25.00%16.67%6.45%9.09%0.00%-7.89%2.56%4.55%6.52%0.00%2.08%-1.85%10.00%-6.82%19.44%18.87%7.14%2.13%14.81%13.04%2.86%1.69%-25.00%26.32%23.08%-366.67%50.00%-47.37%-53.85%-20.00%-28.57%-6.67%33.33%33.33%52.63%34.48%-16.67%3.57%5.71%-20.51%28.57%13.33%3.85%-6.12%13.95%11.27%-6.10%0.00%-6.94%7.78%-3.70%100.00%60.00%17.24%17.39%25.81%16.00%31.58%4.88%25.00%2.22%20.00%12.07%15.09%1.96%28.38%8.45%16.42%5.00%5.32%6.74%1.11%1.27%2.94%3.60%2.48%2.04%1.68%3.64%10.14%5.21%22.22%1.57%1.43%4.55%4.03%5.67%-7.95%3.57%4.11%0.58%1.84%10.00%0.72%-2.84%12.15%3.08%70.37%18.03%11.11%44.62%30.11%11.02%4.76%19.09%13.48%12.74%5.42%9.09%7.91%1.14%29.20%15.89%10.22%5.59%13.61%7.38%7.39%2.60%6.67%4.12%14.71%-
Timing-------Pre-marketPre-marketPre-marketPre-marketPre-market-------After-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-------Pre-market-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap4.39B
Enterprise Value5.43B
Trailing P/E18.25
Forward P/E14.88
PEG Ratio0.99
Price / Sales1.53
Price / Book3.22
EPS6.16
Book Value35.52
Revenue (TTM)2.86B
Gross Profit (TTM)1.07B
EBITDA454.78M
Profit Margin8.52%
Operating Margin11.36%
Return on Equity18.64%
Return on Assets5.96%
Shares Outstanding39.08M
Shares Float38.35M
Beta1.09
Dividend Yield0.18%
Dividend Rate0.20
Payout Ratio2.45%

Analyst Ratings

Strong Buy
Based on 5 analystsTarget 153.20
  • Strong Buy
    4
  • Buy
    1

Ownership Breakdown

Institutions
108.96%
Insiders
1.56%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    4.92M12.58%
  • FMR Inc
    3.92M10.04%
  • T. Rowe Price Associates, Inc.
    3.52M9.00%
  • Vanguard Portfolio Management, LLC
    2.70M6.92%
  • Vanguard Capital Management, LLC
    1.74M4.46%
  • State Street Corp
    1.48M3.79%
  • Wellington Management Company LLP
    1.43M3.66%
  • Dimensional Fund Advisors, Inc.
    1.13M2.89%
  • Fuller & Thaler Asset Management Inc
    1.05M2.69%
  • Geode Capital Management, LLC
    1.01M2.58%
  • Channing Capital Management, LLC
    760.13K1.95%
  • Amvescap Plc.
    741.83K1.90%

Top Fund Holders

  • iShares Core S&P Mid-Cap ETF
    1.36M3.49%
  • Vanguard MStar Total Stk Mkt Idx Invest
    1.24M3.17%
  • FullerThaler Behavioral Sm-Cp Eq R6
    1.13M2.88%
  • iShares Russell 2000 ETF
    998.63K2.56%
  • Vanguard Small Cap Index
    896.40K2.29%
  • T. Rowe Price Mid-Cap Value
    884.50K2.26%
  • Vanguard Information Technology ETF
    801.01K2.05%
  • T. Rowe Price Integrated US Sm Gr Eq
    700.20K1.79%

Dividends

20263×
0.05Sep 16, 20260.05Jun 16, 20260.05Mar 12, 2026
20254×
0.05Dec 11, 20250.05Sep 11, 20250.05Jun 12, 20250.05Mar 13, 2025
20244×
0.05Dec 12, 20240.05Sep 12, 20240.05Jun 13, 20240.05Mar 13, 2024
20234×
0.05Dec 13, 20230.05Sep 12, 20230.05Jun 14, 20230.05Mar 13, 2023
20224×
0.05Dec 14, 20220.05Sep 14, 20220.05Jun 15, 20220.05Mar 9, 2022
20214×
0.05Dec 16, 20210.05Sep 14, 20210.05Jun 16, 20210.05Mar 11, 2021
20201×
0.05Dec 17, 2020

Stock Splits

  • Jul 16, 20041:2
  • Aug 22, 20003:2
  • Jan 12, 19983:2
  • Jan 2, 19963:2